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Thursday, October 29, 2009

Russia Braces For Iranian Fines For S-300 Delay

MOSCOW [MENL] -- The Kremlin, facing huge penalties, intends to honor its $1 billion S-300 air defense contract with Iran.

Officials said the Kremlin has been examining the feasibility of implementing the delivery of the first S-300PMU-1 air defense system in 2010. They said the system had been scheduled to arrive in Iran in March 2009 but was delayed amid Tehran's refusal to suspend its uranium enrichment program.

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